A conversation with @jvisserlabs on why everyone giving up on crypto is doing so at exactly the wrong time. We discuss the dot-com bubble comparisons, why Bitcoin is not a simple liquidity trade anymore, using China's ghost cities as a model, how the crypto & Ai trade are linked, and what this next phase will look like... 00:00 Intro 00:43 When Believers Give Up 03:07 Wall Street Calling 04:41 Bitcoin’s 7 Sigma Reversal 06:23 When Sellers Run Out 07:47 Price Moves Before Stories 09:17 Biggest Move Loading 12:01 Beyond the Money-Printing Trade 14:32 Ghost Cities 15:43 Does the Fed Still Matter? 19:39 Markets Shrug Off Bad News 21:23 Sponsored by Kraken 22:12 Agents As Economic Players 23:30 AI’s Acceleration Point 27:39 Why Agents Choose Crypto 32:06 Missing the Move 35:56 Who Profits From AI Agents? 38:06 Trapped Wealth vs Money 41:05 Robinhood's Role 48:44 Unpacking Tokenization 51:17 AI x Crypto Link